Negative Gearing
Coverage of Negative Gearing in the Nexus archive.
- Labor reaches deal with the Greens to pass changes to capital gains tax and negative gearing reforms
The Greens will support the Albanese government’s negative gearing and capital gains tax changes under a deal that delays and adjusts Labor’s planned overhaul of the national disability insurance scheme. The agreement allows Labor to pass its budget measures before federal parliament’s winter break.
- Australian housing was already cooling before the budget – but how cold it gets depends on two key factors
Australian housing prices may rise again as economists predict eventual increases due to chronic undersupply once interest rates ease and tax changes take effect. The government's property tax reforms, including negative gearing and capital gains tax adjustments, have become a contentious political issue, drawing criticism for potentially harming home values.
- Anthony Albanese visibly emotional after defending Labor’s capital gains tax and negative gearing changes
Australian Prime Minister Anthony Albanese passionately defended Labor's proposed tax reforms, including changes to negative gearing, capital gains tax discounts, and family trusts, despite facing sustained criticism. The reforms aim to limit negative gearing to new-builds, adjust capital gains tax calculations, and impose a 30% minimum tax on discretionary trusts.
- Limiting capital gains tax changes to new investments would ‘severely delay’ budget reforms, Deloitte says
Deloitte warns that applying capital gains tax (CGT) and negative gearing reforms only to new investments would 'severely delay' budget repairs and economic growth. The firm estimates such a policy would generate only $500 million over four years if existing investments are excluded, highlighting concerns about the effectiveness of a 'grandfathering' approach.